Aquaponics Farm Startup Cost Comparison

Sioux Falls, SD vs Houston, TX

Sioux Falls, SD

$16,000 - $129,000

COL Index: 92.5

VS

Houston, TX

$17,000 - $133,000

COL Index: 96.5

Detailed Cost Comparison

Expense Sioux Falls, SD Houston, TX Difference
Business Registration & Licenses
$700 - $3,300 $1,900 - $6,200 -51%
Aquaponics System & Tanks
$5,000 - $50,000 $5,000 - $50,000 Same
Greenhouse or Growing Structure
$4,500 - $36,000 $4,600 - $36,800 -2%
Fish Stock & Feed
$500 - $5,000 $500 - $5,000 Same
Seeds, Seedlings & Growing Supplies
$500 - $3,000 $500 - $3,000 Same
Water Quality Monitoring & Controls
$1,000 - $8,000 $1,000 - $8,000 Same
Insurance & Marketing
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital (3 Months)
$2,800 - $18,500 $2,900 - $19,300 -4%
Total Estimated Cost $16,000 - $129,000 $17,000 - $133,000 -3%

Local Market Factors

Factor Sioux Falls Houston
Cost of Living Index 92.5 96.5
Commercial Rent ($/sqft/yr) $12 - $24 $18 - $45
Labor Rate Index 0.9 0.92
Sales Tax 6.5% 8.25%
Minimum Wage $11.20/hr $7.25/hr
LLC Filing Fee $150 $300

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